EnergyIP(TM) Version 6.0 Released

SAN MATEO, Calif., July 10 /PRNewswire/ -- eMeter, a global leader in clean energy technology, has announced that its EnergyIP software has reached a major milestone with the introduction of EnergyIP version 6.0.

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Thursday, July 10th, 2008

SAN MATEO, Calif., July 10 /PRNewswire/ — eMeter, a global leader in clean energy technology, has announced that its EnergyIP software has reached a major milestone with the introduction of EnergyIP version 6.0.

"With the 6.0 release we've set the foundation for the first mass market application based on real-time interval meter data," said Cree Edwards, eMeter's CEO. "This is absolutely fundamental to the premise of energy efficiency and demand response. Providing consumers with price incentives to use power efficiently depends on options like TOU (time of use) and CPP (critical peak pricing) programs where power prices reflect the real time-variable costs of energy, including future carbon costs. These types of pricing programs cannot be implemented without interval data and usage-based billing. EnergyIP is the leading application software supporting real-time interval data management on a massive scale."

In addition to the extensive support for consumer TOU billing and exception handling, release 6.0 now covers the requirements for complex commercial and industrial (C&I) billing using interval data from these accounts. Functionality to support consumer solar and other renewable energy initiatives through the net metering processes is also in place.

These new functions are layered on a broad foundation of real-time processing that includes event handling, VEE (Validation, Estimation & Editing), and Billing Determinant computations. EnergyIP also provides a complete suite of meter and device management and provisioning services to support high volume meter installations. These functions are configurable for world-wide markets including Europe, Asia-Pacific, and North America. Version 6.0 also supports connectivity to 17 different Advanced Metering Infrastructure (AMI) systems from leading providers such as Elster, Landis+Gyr, and Sensus. These off-the-shelf adapters allow utilities to choose a wide range of AMI technologies without custom coding and without the future headache of maintaining custom code.

EnergyIP version 6.0 is marketed globally in partnership with Siemens and leading system integrators. Version 6.0 is certified on industry-leading platforms including IBM AIX(R), Redhat Linux(R), and Sun Solaris(TM) as well as virtualization environments such as VMWare(TM). Along with its high- scalable real-time architecture, flexibility to support any AMI system, and third-party support, EnergyIP offers the lowest total cost of ownership.

About eMeter Corporation

With 23 million meters under contract, eMeter Corporation of San Mateo, California, provides software that enables electric, gas, and water utilities to realize the full benefits of their Advanced Metering and Smart Grid initiatives. EnergyIP, eMeter's premier enterprise MDM software platform, offers a full suite of Meter Data Management functionality, an Integration Platform for linking a variety of AMI systems to multiple utility information systems, and Business Process Management Tools specializing in AMI implementation, operations, and maintenance. eMeter's experienced professional services team is available to plan, install, and configure the EnergyIP software, as well as provide strategic consulting services related to meter data management, advanced metering, and demand response. eMeter recently announced a strategic partnership for global distribution with Siemens Corporation. For more information, please visit http://www.emeter.com.